The official currency of El Salvador is the Salvadorian colon or SVC as it is symbolized. The colon is subdivided into 100 centavos and was issued in denominations of 1, 2, 5, 10, 25, 50, 100 and 200 colones. The Salvadoran colon is no longer being printed as the country is looking to make the US Dollar their primary currency. El Salvador accepted the US Dollar as their primary currency in 2001 although there are still many banknotes of the colon in circulation.

Central BankCentral Reserve Bank of El Salvador
There are a number of ATMs throughout the country that offer cash withdrawals from international accounts. Cash is typically provided in US Dollars. Most banks have ATMs located directly outside or inside the establishment and there are a number of these machines to be found in larger shopping malls and resorts. Those whose banks charge high fees for international withdrawals can typically avoid paying these fees by simply going inside the bank to make the transaction.

Those traveling to El Salvador can use the US Dollar. Those looking to exchange their currency for the colon can do so at most banks as well as foreign exchange offices. Travelerís checks can be cashed at these businesses as well. Some banks will exchange non-US currencies only such as euros. Many of the banks located in border towns will exchange currencies from border countries.

Most shopping malls and higher end resorts and hotels accept credit cards widely. Smaller stores and hotels however typically add a 6 to 12 percent surcharge for credit card use. Visa as well as MasterCard can be used in most cases. American Express is not as widely accepted and most ATMs do not take this card. Travelerís checks can pose a problem. Most find that using cash or credit cards is a much easier solution. Many banks will cash travelerís checks for a fee with a passport. Airports have exchange branches that will cash travelerís checks as well and typically prefer American Express checks to others.

There are no strict restrictions for importing or exporting currency, although those carrying large amounts of cash may need to declare the amount upon entering the country. Exchanging currency upon leaving the country can be done at most airport terminals and banks, preferably the same one where the original transaction took place. A passport is typically required for currency exchange at banks and money changing desks found in airports and hotels.